Intrinsic Valuation of: STRF
	Free Cash Flow Average and Growth over past 5Y					Key Statistics
	Year		FCF	FCF (FCF/Revenue)
	2020		-	-		EPS (FY)	-		Market Cap	-
	2021		-	- (-)		P/E Ratio	-		Total Asset	$26B
	2022		$-3B	- (-)		Net Income	$-1B		Total Debt	$7B
	2023		$-287M	88.7% (88.4%)		EBITDA	$-2B		Total Liab	$8B
	2024		$-2B	-559.0% (-563.0%)		Opr Margin	-0.14		Debt/Equity	0.39
	2025		$-22B	-1069.8% (-1152.6%)		PreTax Margin	-26.98		BV/Share	-
	5Y Average FCF		$-7B	-513.4% (-542.4%)
						Overall Market Assumptions:
	Assumptions:					P/E for No-Growth Company:			7.0
	Perpetual Growth Rate (g):	2.5%				Historical US Bond Yield:			4.4%
	Discount Rate (WACC):	7.4%				Current US Bond Yield:			3.5%
	Forcasting Future Free Cash Flow for next 6Y					Modified Benjamin Graham's Intrinsic Value
	Year		FCF Projection (4.0%)
	2026		$-7B			MBG Intrinsic Value			-
	2027		$-7B
	2028		$-8B
	2029		$-8B
	2030		$-8B
	2031		$-8B
	Terminal Value		$-177B			Net Worth/Share			-
	DCF Valuation			DCF Valuation "What If" Scenario Table
	Enterprise Value	$-151B				Growth Rate
	(+) Cash & Cash Equivalents	$38M			$-158B	1.5%	2.0%	2.5%	3.0%	3.5%
	(-) Total Debt	$7B		WACC	7.3%	-140,024,192,196	-149,620,937,357	-161,204,586,276	-175,463,442,799	-193,445,238,362
	Equity Value	$-158B			7.4%	-138,876,571,467	-148,281,354,331	-159,613,346,797	-173,532,552,155	-191,039,181,575
	Shares Outstanding	-			7.4%	-137,748,341,355	-146,966,474,385	-158,054,411,276	-171,645,268,459	-188,694,359,021
					7.9%	-127,432,986,645	-135,038,855,300	-144,045,436,414	-154,878,910,250	-168,157,863,506
	DCF Intrinsic Value	$-158B			8.4%	-118,609,278,725	-124,968,938,410	-132,401,053,354	-141,201,881,916	-151,787,868,401
Analyzed by QuantJuice (2025)